Rice price today October 28, 2022: Rice price remains high

rice price today October 28, 2022: Rice price remains high rice price today in the Mekong Delta remains stable with raw rice price after the upward adjustment session. According to traders, today the amount of raw rice is stable, the rice quality is good. The factory offers a high price for newly harvested OM 18 finished rice. In the world market, the export rice price remains stable compared to yesterday. According to the Vietnam Food Association, the export rice price of 5% broken rice is at 428 USD/ton, 25% broken rice is at 408 USD/ton. The average export rice price in the first 10 months of 2022 is estimated at 484 USD/ton, down 8.3% over the same period in 2021. In the first 9 months of 2022, the Philippines is Vietnam’s largest rice consuming market with 43.9% market share. Rice exports to this market reached 2.47 million tons and 1.14 billion USD, up 35.3% in volume and 22.2% in value over the same period in 2021. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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